If your credit card or personal loan debt has spiraled out of control, which is the case for a lot of borrowers in today's economic climate, hearing that a creditor "wrote off" your balance might ...

South Holland District Council says there is "no realistic prospect" of recovering the money.

Since the start of 2023, Nevada has written off more than $106 million in “bad debt,” meaning state officials have deemed it impossible or impractical to collect, according to a Nevada Independent ...

With costs continually rising and borrowers' budgets stretched to their limits, millions of Americans have found themselves carrying debt that's gone unpaid for months or even years on end. But when ...

Debt writeoffs by the federal government climbed above the $5-billion mark during the last fiscal year, according to figures ...

CHEYENNE – Members of the Cheyenne City Council are considering a resolution that would allow the city treasurer to write off nearly $137,000 in uncollectible debts – an annual requirement that ...